High Park Farms™ Begins Cannabis Cultivation in Ontario Following
Successful Arrival of Thousands of Plants from British Columbia

May 03, 2018 06:00 AM Eastern Daylight Time

TORONTO--(BUSINESS WIRE)--High Park Farms™, an affiliate of High
Park Holdings Ltd. (“High Park”), announced today that cannabis
cultivation has begun at its state-of-the-art greenhouse in Enniskillen,
Ontario following the successful arrival of thousands of live cannabis
plants from Nanaimo, British Columbia. The arrival of the plants marks a
major milestone for High Park as the company rapidly scales its
operations in anticipation of the historic legalization of cannabis for
adult-use in Canada expected to occur later this year.

“British Columbia is known around the world for its rich cannabis
culture and the quality of its cannabis genetics,” said Adine
Fabiani-Carter, Chief Marketing Officer at High Park. “We’re proud to
bring high-quality cannabis genetics from British Columbia to Ontario to
be ready for adult-use legalization anticipated later this year.”

The plant transfer, which occurred over the course of 36 hours last
week, took thousands of healthy cannabis plants on a journey of more
than 4,100 kilometres from Vancouver Island, British Columbia to Lambton
County, Ontario. A carefully choreographed process involving a team of
drivers, pilots, growers, production managers and security personnel
ensured the health and safety of the plants. The plants rode an
early-morning ferry from Nanaimo to Horseshoe Bay, then departed from
Vancouver International Airport on a chartered, cargo-configured, Boeing
757. Upon landing at Hamilton International Airport, the plants made the
final leg of the trip to High Park Farms in Enniskillen via
climate-controlled tractor-trailers.

High Park Farms, which is anticipated to represent an investment of up
to $30 million, received its federal license from Health Canada to
cultivate cannabis under the Access to Cannabis for Medical Purposes
Regulations (ACMPR) on April 13, 2018. The facility features 13 acres of
greenhouse on 100 acres of property. Its first harvest is anticipated in
June. In accordance with the Cannabis Act introduced in Canadian
parliament in April 2017, High Park Farms anticipates that its ACMPR
cultivation license will provide the company the ability to supply the
adult-use cannabis market in Canada once the legislation is adopted.

Based in Toronto and led by a team with deep experience in cannabis and
global consumer brands, High
Park launched earlier this month to produce and distribute a
broad-based portfolio of cannabis brands and products for the Canadian
market in anticipation of adult-use legalization, subject to applicable
laws and regulations. In addition, High Park has developed new brands
and products specifically for the Canadian market. Pending federal
legalization of cannabis for adult-use and corresponding provincial
legislation, High Park anticipates fulfilling adult-use supply
agreements in Quebec, Manitoba,
and Yukon.
High Park plans to secure additional supply agreements with crown
corporations and private entities in other provinces in the coming
months.

About High Park

High Park was established to develop, sell, and distribute a broad-based
portfolio of cannabis brands and products.